Healthcare management consulting firm Impact Advisors has hired Wes Arnett to lead efforts to expand its Revenue Cycle Managed Services practice.

Medical bills will no longer be included on credit reports under a rule finalized by the Consumer Financial Protection Bureau.

Fitch Ratings marked Greensboro, N.C.-based Cone Health's bond rating at "AA-", down from "AA", after joining Risant Health with its rating outlook stable.

Ten hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 

Middletown, N.Y.-based Garnet Health reported a $25.6 million loss (-4.2% margin) for the nine months ending Sept. 30, compared to a $59.3 million loss (-10.8% margin) for the same period in 2023.

Dallas-based Steward Health Care has closed four hospitals across Massachusetts and Pennsylvania since the for-profit health system sought Chapter 11 protection on May 6. 

When Michael Stern joined West Reading, Pa.-based Tower Health in 2022 as executive vice president and COO, the organization was already in the midst of a financial turnaround, led by then-interim CEO Sue Perrotty, a 30-year veteran of the banking industry. 

Here are eight health systems that recently had their outlooks upgraded by Fitch Ratings or Moody's Investors Service.

University Medical Center New Orleans and Spirit of Charity Foundation have partnered to establish the NOLA Strong Fund in support of the victims following the Jan. 1 terrorist attack in New Orleans that left at least 14 dead and dozens injured.

Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.

Massachusetts State Auditor Diana DiZoglio has found that the Center for Health Information and Analysis failed to monitor acute care hospitals' financial conditions adequately, according to an audit released Jan. 3. 

Sharon (Pa.) Regional Hospital, part of Dallas-based Steward Health Care, closed Jan. 5 with knowledge and consent of the state, a person with knowledge of the decision told Becker's on Jan. 6.

Healthcare stocks begin 2025 with headwinds and election-driven uncertainty compounding an already tough market. 

The Pennant Group has acquired seven Signature Healthcare at Home locations in Oregon.

Connecticut's Office of Health Strategy has fined Stafford-based Johnson Memorial Hospital $153,500 for closing its labor and delivery unit without certificate-of-need approval.

Renton, Wash.-based Providence, a 51-hospital system, has launched a series of "recover and renew initiatives" to strengthen its core operations and ensure near-term sustainability while delivering on its Destination Health 2025 strategy.

CMS has fined 17 hospitals in 10 states and Puerto Rico for alleged price transparency violations. 

New Bern, N.C.-based CarolinaEast Health System has signed a new lease agreement with Craven County, N.C., to pay $1 to the county government in base rent for CarolinaEast Medical Center in New Bern, the Sun Journal reported Jan. 2.

Endeavor Health is planning a new $100 million project to modernize Elmhurst (Ill.) Hospital, according to CBS News.

Indianapolis-based Community Health Network reported a $108.5 million operating loss (-4.1% margin) for the nine months ending Sept. 30, down from a $12.6 million operating gain (0.5% margin) during the same nine-month period in 2023.